Singapore Prime Minister Lawrence Wong and Malaysia Prime Minister Anwar Ibrahim

Singapore and Malaysia Commit to Strengthened Ties Amid Geopolitical Uncertainty

The turbulent global political landscape has driven nations within the Association of Southeast Asian Nations (ASEAN) to unite more closely, with the Singapore-Malaysia relationship emerging as a cornerstone in this effort, said Singapore’s Prime Minister Lawrence Wong during a press...
North Korea Tests Hypersonic IRBM

North Korea Tests Hypersonic IRBM, Raises Global Security Concerns

North Korea announced Tuesday that it had successfully tested a new intermediate-range hypersonic ballistic missile (IRBM), marking a significant advancement in its weapons program. The test, conducted the day prior, underscored Pyongyang's continued pursuit of cutting-edge military capabilities amid escalating...
Asian Financial Markets

Asian Markets Rally Amid Tariff Uncertainty, Tech Stocks Lead Gains

Asian shares gained momentum on Tuesday following a second consecutive day of rallies on Wall Street, driven by optimism around technology stocks and a reduction in fears over potential tariff hikes. This shift in market sentiment came after former U.S....
Chinese Giants Cnooc and Cosco Blacklisted by US Over Military Ties

Chinese Giants Cnooc and Cosco Blacklisted by US Over Military Ties

The United States and China, two of China’s largest state-owned enterprises, Cnooc Ltd. and Cosco Shipping Holdings Co., have been blacklisted by the US government. The decision, announced via a Federal Register filing on Tuesday, identifies these companies as Chinese...
Asian Chip

Asian Chip-Related Shares Soar Ahead of Nvidia CEO’s CES Speech, Boosting AI Optimism

Asian chip-related stocks surged early this week as investors pinned hopes on a wave of renewed optimism for AI demand, fueled by the anticipation of Nvidia Corp. CEO Jensen Huang's keynote speech at the Consumer Electronics Show (CES) in Las...
Japanese Chemical Firm Taiyo

Taiyo Holdings Co. and DIC Corp. Explore Potential Merger Amid Industry Consolidation

The Japanese chemical industry, Taiyo Holdings Co. is reportedly exploring a potential merger with its larger counterpart, DIC Corp., in a move that could reshape the landscape of the sector. Sources familiar with the matter have revealed that the two...
Fujitsu General Ltd

Paloma Rheem Holdings Offers ¥257 Billion for Fujitsu General Ltd., Adding to Japan’s Corporate Shakeup

On the ongoing realignment of Japan’s corporate landscape, Paloma Rheem Holdings, a relatively obscure maker of oven ranges and water heaters, has emerged as the latest contender to acquire Fujitsu General Ltd. The deal, valued at up to ¥257 billion...
Electronic screens displaying Japan Nikkei share average in Tokyo

Asia Shares Rise Amid Hopes of Softer Tariff Policies from U.S. President-elect Trump

Asian markets, shares rose on Tuesday, influenced by Wall Street's upbeat performance and tempered expectations about the incoming U.S. administration's tariff strategies. Investors speculated that President-elect Donald Trump might adopt a less aggressive trade stance than he pledged during his...
Asian Stocks

Asian Shares Mostly Rise as Tech Optimism Buoys Markets

Asian shares rose predominantly on Tuesday, buoyed by a rally in technology stocks on Wall Street, notably led by Nvidia. This optimism, however, was slightly tempered by mixed performances across regional markets. Japan’s benchmark Nikkei 225 led the regional rally,...
Oil Prices

Oil Prices Slide for Second Straight Session Amid Supply Concerns and Strong Dollar

Oil prices continued their downward trajectory for the second consecutive session on Tuesday. This decline is attributed to technical corrections following last week’s gains, compounded by forecasts of ample supply and the impact of a robust U.S. dollar. By 0148...
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